Of these 15 US Data Storage Device Companies, 12 of them also had their common stocks trading on each of the following three dates:
- On December 31, 2007 during President Bush's second term
- On March 6, 2009, very early in President Obama's first term, which was their lowest point due to the spillover effects resulting from the 2008 financial meltdown, and
- also on the most recent date February 11, 2014.
The historical common stock prices of these companies were obtained from the following two excellent internet resources.... Google Finance and MarketWatch Big Charts.
These 12 largest US Data Storage Device Companies having their common stocks trading on each of the above three dates had their average stock prices drop by a massive 63% from December 31, 2007 during President Bush's second Presidential term, to March 6, 2009, very early in President Obama's first term, which was the very lowest point for the overall stock market due to the spillover effects resulting from the disastrous 2008 Financial Meltdown.
But in the slightly less than five years since March 6, 2009, the average stock prices of these same 12 largest US Data Storage Device Companies have increased by a very impressive 445% through February 11, 2014, led by heavy presence in California Seagate Technology (up 1,487%) and Longmont, CO-based Dot Hill Systems (up 1,014%).
Clearly, the investors in and employees of nearly all of these 12 largest US Data Storage Device Companies must be very pleased with the impact of actions taken by both the Obama Administration and the US Fed to successfully rescue the US economy from its extremely weakened state.
Below here are the stock market prices of each of these 12 largest US Data Storage Device Companies having their stocks trading on February 11, 2014, on March 6, 2009, and also on December 31, 2007:
| Market | Market | ||||||
| Price | Price | ||||||
| % | % | ||||||
| Change | Change | ||||||
| Market | Market | Market | 3-6-09 | 12-31-07 | |||
| Price | Price | Price | to | to | |||
| Data Storage Device Company | HQs | 2-11-14 | 3-6-09 | 12-31-07 | 2-11-14 | 3-6-09 | |
| Seagate Technology | Cupertino | CA | 49.37 | 3.11 | 25.50 | 1487% | -88% |
| Dot Hill | Longmont | CO | 4.78 | 0.43 | 2.43 | 1014% | -82% |
| SanDisk | Milpitas | CA | 72.29 | 7.79 | 33.17 | 828% | -77% |
| Western Digital | Irvine | CA | 84.87 | 14.55 | 30.21 | 483% | -52% |
| Datalink | Eden Prairie | MN | 13.55 | 2.61 | 3.69 | 419% | -29% |
| Brocade Communication Syst | San Jose | CA | 9.36 | 2.16 | 7.34 | 333% | -71% |
| NetApp | Sunnyvale | CA | 43.69 | 12.90 | 24.96 | 239% | -48% |
| Quantum | San Jose | CA | 1.19 | 0.41 | 2.69 | 190% | -85% |
| Teradata | Dayton | OH | 43.30 | 16.01 | 27.41 | 170% | -42% |
| EMC Corp | Hopkinton | MA | 24.98 | 9.93 | 18.53 | 152% | -46% |
| Emulex | Costa Mesa | CA | 7.34 | 4.72 | 16.32 | 56% | -71% |
| Imation | Oakdale | MN | 5.24 | 7.08 | 21.00 | -26% | -66% |
| Average % Change all 12 | 445% | -63% |
And in the chart below are the stock market prices on February 11, 2014 and on the close of the first trading date of the 3 additional US Data Storage Device Companies with current Total Market Capitalizations of at least $100 mil each and which didn't have their common stocks trading on December 31, 2007:
| Closing | ||||||||
| Month | Price | |||||||
| Of | On | |||||||
| Market | First | First | ||||||
| Price | Trading | Trading | % | |||||
| Data Storage Device Company | HQs | 2-11-14 | Date | Date | Change | |||
| Nimble Storage | San Jose | CA | 45.56 | Dec 2013 | 33.93 | 34% | ||
| Fusion-io | Salt Lake City | UT | 10.65 | Jun 2011 | 22.50 | -53% | ||
| Violin Memory | Santa Clara | CA | 4.01 | Sep 2013 | 7.02 | -43% |
Of the 15 US Data Storage Device Companies with Market Capitalizations above $100 mil, 9 of them, or 60% of them, are headquartered in California.
With the massive and continuing US technology turnaround during both the Obama Administration and California Governor Brown's Administration, coupled with the fact that many key employees in the Technology Sector have their compensation heavily common stock based, it is easy to understand why California's Current Budget Net Financial Position substantially surprised very positively on the upside.
